organisational study in mba internship project

Bangalore University

INTERNSHIP PROJECT REPORT

“ORGANIZATIONAL STUDY OF THE MEHER CAPACITORS PVT LTD”

Submitted in partial fulfillment for the requirement

For the post graduation of

MASTER OF BUSINESS ADMINSTRATION

Submitted by

RANGANATHA H.P.

(Reg no- O8QZCM6078)

Under the guidance of

Lect. NAGENDRA KUMAR S

BANGALORE INSTITUTE OF MANGEMENT STUDIES

[An Organization of Pramod Educational Trust]

Approved by AICTE, New Delhi, India, Affiliated to Bangalore University,

Recognized by Govt of Karnataka

#35,opp. R.V. College of Engineering, Mysore Road, Bangalore-560059

DECLARATION

I hereby declare that this report entitled “INTERSHIP TRAINING”

conducted at MEHER CAPACITORS PRIVATE LIMITED BANGALORE,

KARNATAKA in the month of July 2009 and has submitted the reports

towards partial fulfillments of the requirements of MBA course of Bangalore

University, is prepared and submitted by me under the guidance of Lect.

Nagendra kumar s

I have not submitted this work for any other Universities or Institutions

for the award of any fellowship or degree

Place: Bangalore SIGNATURE

Date: (RANGANATHA H.P)

Reg.No-O8QZCM6078

.

Bangalore Institute of Management Studies, Bangalore

ACKNOWLEDMENT

Let, me use opportunity to say a word of thanks to all those people who helped

me to bring out this internship project report.

I express my deep sense of gratitude to my guide Lect. NAGENDRA KUMAR

S. Human Resource Management faculty, The Bangalore institute of

management studies, for his valuable guidance, frequent supervision and

encouragement which I required from him thought out the preparation of

internship report.

I also extend my thanks to Mr. EKAMBARAM head of the production

maintenance Department in MEHER capacitors pvt ltd for offering me this

specialized opportunity to do this internship training.

My special thanks to my parents and my lovely sister, my close friends and all

my well wishers.

I am very much thankful to Mr. WILSON PAUL General manager of MEHER

capacitors pvt ltd, which was helped me to bring out this internship report

efficiently.

I will extend my regards to all the employees and workers who gave me great

support to carry out this report

RANGANATHA H.P


Dedicated to

My beloved parents.


CONTENTS

CHAPTER NO CONTENTS PAGE NO

1 INTRODUCTION 7-9

2 COMPANY PROFILE 10-17

3 ORGANIZATION STRCTURE 19

4 ORGANZATIONAL DEPARTMENT STUDY 20-34

5 PRODUCT PROFILE 35-42

6 SWOT ANALYSIS/ VISION, MISSION 43-46

7 ANNEXURE 47-50

8 FINDINGS, SUGGESTION AND CONCLUSION 51-53

9 BIBLIGROPHY 54-55

TABLE & GRAPH CONTENTS Page no 1 2 3 4

GRAPH-ORGANIZATIONAL CHARTA/C & FINANCE CHARTPRODUCT FUCTION CHARTMARKETING CHART

20 22 25 27


CHAPTER 1

INTRODUCTION


INTRODUCTION

Capacitor industry plays a vital role in the economic development of our

country. This industry is closely linked with the major developments.

In the 21st century, as the population is increasing day by day, the demands for

requirements are also growing But the resources are less to fulfill these

requirements .Power is one of the main requirement but nowadays it’s not

sufficient due to which the power shortage is occurring .Here the industry of

capacitors comes into the picture. This industries produces equipments like low

and high tension capacitor, automatic power factor correction panels, capacitor

Banks, etc. By using this equipment, we can reduce the level of power

consumption

These equipments can be used in any sector where the power consumption is

more, such as agriculture, cement, steel, tool making industries, Electricity

board, Big industries areas, etc. These machines also reduce accidents, short

circuits, etc.

Today the country is by and large self sufficient in respect of these items. Infect,

during the last decade, the industry has made enormous progress and has grown

both in size and diversity. With the growing demand of these equipments this

group of industry is expected to grow in near future.


SALIENT FEATURES OF CAPACITORS.

Explosion proof construction self-healing

Trouble free long life

Available in both Aluminum, Plastic and metal box construction

Leak proof

Easy to connect and handle and low loss

Providing with terminal or wires for connection

Withstand high voltage

Providing with PSD on special order.

ELECTRONIC INDUSTRY

Electronics is one of the fastest growing segments of the Indian industry. Today, the electronics industry is completely delicensed with the exception aerospace.

The electronic industry in India constitutes less than 1% of the global market. The demand for these products however is growing rapidly and the investments are flowing in to augment the manufacturing capacity

Among manufacturing industries, the electronics industry occupies a key position in modern science and technology. It plays a vital role in the fields of atomic energy, communications, defense, education, entertainment and space technology. Until the 1970’s the electronic


industry was the most protected of all the Indian industries. The country’s electronics policy strongly favored self-reliance and technology and capital imports were strongly discouraged. This resulted in the electronics industry being highly underdeveloped till the late 1980’s. The industry was very inefficient producing outdated and low quality models at a very high cost.Electronic industry is a fastest growing sector in India, this sector start from minute electronic items to large size transformers, capacitors etc, without the support of electronic instruments no one company run. Its also contribute in the improvement of the economic condition of the nation

India remains a major importer of electronic materials, components and finished equipment amounting to around $20 billion (Rs84000 crore now) in 2008. The country imports electronic goods mainly from ChinaIn the last four years, production of computers has grown at a compounded annual growth rate (CAGR) of 31%, the highest among the various electronic products in India. This has been followed by communication and broadcast equipment (25%), strategic electronics (20%) and industrial electronics (17%).India is the fifth largest economy in the world and has the second largest gross domestic product among the emerging economies. Owing to its large population, the potential consumer demand is ever increasing and consequently under appropriate conditions, strong growth performance can be expected. The liberalization of the Indian economy that began in 1991 has started changing regulatory, financial, and monetary policies leading to a higher pace of growth. The electronics industry is already a world leader. Several new themed zones will make their debut in 2009, reflecting the latest technological developments in the fast-paced electronics industry, namely Computer & Peripherals, Digital Imaging, Electronic Gaming and Healthcare Electronics


CHAPTER-2

COMPANY PROFILE


COMPANY PROFILE

INTRODUCTION

MEHER was founded in 1977 for the production and marketing of low tension

capacitors.

Application of capacitors for power factor improvement was the first step

towards Reactive Power Management (RPM), then a new concept in India.

RPM has, since then, grown to embrace many other functions like regulation of

active and reactive power flows, harmonic mitigation and Power Quality (PQ)

enhancement.

MEHER capacitors private limited was registered in Bangalore at 1984 for the

manufactures of low and high voltage capacitors. This organization was situated

in white field where it produced only small range of capacitors.

25kVr was manufactured in January 1988 where the new technology was

established with new plant at Attibele. There was low and high tension

capacitor in 1984, the assembly of panel’s section was started. Later as it grew

in 1994-1995 the assembly of control panels was also started.

The market was initially done by NGEF during 1984-91, since 1993 till date

Larsen and Turbo are carrying it out.

The organization has been awarded with the prestigious certification of ISO

9001:1994 by Mis.BVQI-Bure au Verities Quality International [holding]-SA,

London with effect from January 2001 and the company have been consistently

meeting the requirements of the quality standards in all their activities.

Design, manufacture supply, installation and commissioning and after sales

service of capacitor units, APFC panels, harmonic filters of both L&T and HT

application and custom built products according to customer specification.


PRODUCTS & SERVICE

Better use of the energy MEHER produce is an important way to reduce CO2

emission, by reducing fossil fuel usage. MEHER plays an active role in

protecting our environment by providing efficient solutions in Reactive Power

management.

Manufacturing unit

The company has having a highly equipped and modern manufacturing plant is

in Attibele industrial area which is equipped with state of art production system

and test equipments. MEHER capacitor is 2nd largest capacitor manufacturing

company in Asia.

One of the valuable parts of MEHER manufacturing plant is highly modernized,

level wise QUALITY testing and quality assurance.

Collaborators:

Larsen and Turbo presently undertake marketing of the company’s products and

services in India and this has been going on since 15years. L&T has helped

MCPL to achieve high standard and competence.

Branches:

Meher has only branch, which any known as WTK. It is in collaboration with a

German company, which is successfully earning profits.


Identification of new area:

Meher continues to identify new application areas as constantly as they can. The

company’s products, systems and services have been availed off by diverse

industry such as Textile, Chemicals, and steel etc. due to their widely

manufactured products and being India’s leading manufacturing company, they

are in quest for new industries. The company has also made substantial

deliveries to various state electricity boards and undertakings, both in India and

Abroad.

Employees

The company recognizes that its most valuable assets is its PEOPLE and

endeavors to provide to its employees a conducive work environment,

opportunity for updating of competence and constant awareness of customer

satisfaction.

Employees are being trained properly in every field so that they will be able to

work in any field. Every year, a training calendar is prepared for the better of

work.

Social Obligation

Meher plays a vital role to various social institutions to help poor and needy.

They conduct seminars in various institutions time to time to make the students

and people aware about the need and importance of the products to reduce the

consumption of power.

Team work

Teamwork is the ability to together towards the common vision. It’s the ability

to direct individual accomplishment towards organizational objectives. It’s a

fuel that allows common people to attain uncommon results. In Meher the

teamwork is outstanding and thus, their achievements are excellent. The

company’s goal for equity, efficiency and customer satisfaction are met through

teamwork and continual quality improvement.


Infrastructure facilities:

FACILITIES AVAIALABLE FOR MANUFACTURING OF MATERIALS

ARE

Winding machines element testing machine metal spraying machine

Curling machine welding machine

Heating ovens

AC plant for environment conditioning

Series resonance test setup for HT capacitors

Capacitance and tan delta measuring bridge with accessories

DC and AC testing equipments

Toenail stability test chamber for LT & HT capacitor

Winding machine is used for winding the film

Element testing machines are used for winding material whether it is

appropriate or not

Spraying machine is used for spraying the zinc on the top and bottom part

of winded material

Curling machine is used for sealing of the cells after filling.

These are latest sophisticated machines, and out of these some of the

machines are imported from other countries to make the work easy, fast

and time saving.

MEHER AS LEADER

The company has a policy of continuous development and innovation in

products and application and this is an important reason for the company being

recognized as a leader in the field of electrical energy. The company accepts

responsible for the total scope of its delivers and does not deliveries and does

not deliver defected items.


QUALITY POLICY OF MEHER CAPACITORS Pvt Ltd

Meher capacitor has an abiding faith in customer satisfaction as the key to

sustain and growth of the company.

The management is committed to consistence to quality, continual

improvement and safety of the company’s operation and employees.

The company’s goals for quality, efficiency and customer satisfaction are

met through teamwork and continual quality improvement.

The quality objectives shall be achieved through

Ensuring companies goals for customer needs and satisfaction

Respect and recognition for employees

Providing right tools, aids and environment for all activities

Committed to quality in all suppliers and services

Providing training and up graduation of knowledge and skills of

employees.

Ensuring safety and health of company’s

Adaption of fair business practice

Development of vendors as quality conscious partners

Providing documents and resource for verification when required

Building an image of quality and reliability to be a leading organization

STATE-OF-THE ART TECHNOLOGY

The company has a state of art production plant covering 6000sq.ft a situated in

plot at Attibele industrial area in Bangalore. The well designed plant layout

enables smooth movement of materials from one stage to next stage with

various operation being carried out sequentially


The manufacturing process is systematic, ensuring high productivity. Meher

capacitors are continuously working on introduction new technology for

manufacturing process.

TYPES OF CAPACITORS

MD XL ULTRA CAPACITORS

HEAVY DUTY CAPACITORS

SUPER HEAVY DUTY CAPACITORS

HEAVY DUTY CAPACITORS-GAS FILLED

STANDARD DUTY OF CAPACITORS.

LARSEN&TURBO limited is among the words major manufactures of low

voltage switchgear. Its scale sophistication and range meets global benchmarks.

L&T established leadership position in the Indian market over a decade ago and

now has a growing presence in international markets.

In addition to high quality from its own factories, L&T seeks out the best in

reactive power management and power quality products from companies who

meet its benchmark and offers these products in the Indian market.

Reactive power management and power quality products from meher are part of

the world-class products offered by L&T.

MEHER is a 30years young Indian organization engaged in manufacturing of

RMP & PQ products and systems. It is an ISO-9001:2000 BEQ1 certified

manufacturing company. It has global state of art design & manufacturing

facilities.

MEHER has the largest installed base of RPM & PQ products and system in

India and has a significant global presence. MEHER is also the largest suppliers

for power factors correction capacitors in India.

Meher manufactures all type capacitors designs in both low & medium voltage

customers set the widest choice of products, system and total solution in RPM

&PQ.


L&T –Meher views its role as a complete solution provider for RPM&PQ by

not only offering products and system but also service such as harmonic &

reactive power flow studies through the vast and largest network of expert

service providers in India.

L&T-Meher also offers training programme for RPM&PQ at its training. L&T –

Meher is committed to the market in the field of RPM&PQ by providing end

to end solution.


CHAPTER-3

ORGANIZATONAL STRUCTURE


ORGANIZATION CHART

ORGANIZATIONAL CHART


Board of Directors

Managing Director

Director customer Support

Executive Director

Quality assurance

Management Representative

SER

Director commercial

Director Operation

NPEB Capacitors Engineering Department

Production Management Services

Production Sales

Material management Services

System Sales and Exports

Accounts Work Department

Accounts Officer

System Engineering-1 System Engineering-2

Incoming Material stores

Finished Goods Stores

CHAPTER-4

ORGANZATIONAL DEPARTMENT STUDY


ACCOUNTING AND FINANCE FUNCTION

STRUCTURE OF FINANCE FUNCTION


Managing Director

General Manager

Finance Manager

Supervisor

Accountants Clerks

WORKING CAPITAL MANAGEMENT

Working capital management is concerned with the problem of that arise in

attempting to manage. The current assets and current liabilities relationship that

exists between them. The term current assets refers to those assets, which in the

ordinary course of business can be or will be converted into cash within one

year without undergoing a diminution in value and without disruption of

operation. The goal of working capital management is to manage the firm’s

current assets and liabilities in such a way a satisfactory that level of working

capital is maintained. The company avail the working capital from the

nationalized Bank in the form of over draft account.

TRADE CREDIT

Trade credit refers to the credit extended by the suppliers of goods and services

in the normal course of transaction/business/ sale of the firm according to trade

practices; cash is not paid immediately for purchases but after an agreed period

of time. In case of Meher capacitor credit the suppliers allow period with in

30days.

ACCCOUNTS RECIVABLE/ RECIVABLE MANAGEMENT

The term receivable is defined as dept owes to the firm by the customers arising

from sale of goods or services on ordinary course of business when a firm

makes an ordinary sale of goods or services and does not receive payment. The

firm grants trade credit and creates accounts receivable, which could be

collected in feature.


TYPES OF SOFTWARE FOR ACCOUNTING PROCEDURE

The software which is used for the purpose of accounts they use Tally software

of 7.1 version which covers all recent updates accounting standards and also

tally software of 7.1 version covers VAT concept which marks very easy for

company to fill the tax according rules and regulation.

ACCOUNTING POLICIES OF MEHER CAPACITORS

1. FIXED ASSETS

Fixed assets are stated at cost of acquisition less depreciation except land at

Attibele, which is shown at revalued cost

2. DEPRECIATION

Depreciation on fixed assets has been calculated on the straight line method at

the rates specified in schedule XIV of the companies Act 1956

3. INVENTORIES

Raw materials & work in process are valued at cost. Finished goods are valued

at cost or net realizable value whichever is less

4. INVESTMENT

Investment are valued at cost

5. RETIREMENT BENEFITS

Gratuity is provided as per opinion 2 of the LIC group gratuity scheme PF

payable is accounted and paid to the provident fund commissioner

6. BORROWING COSTS

Borrowing cost including interest and other expenses for specific borrowing of

funds that are attributing to acquisition, construction and fabrication of fixed

assets are capitalized till they are put to use.


7. GENERAL

Accounting policies not specifically referred to conform to the generally

accounting practices.

PRODUCTION FUNCTION

STRUCTURE OF PRODUCTION


Managing Director

General manager Technical

Manager Production Manager Production R&D

Manager- Quality

Manager Dispatch

Manager HRI

S W H Production Dept R&D Production Dept

For each and every category different planning is made. All the category raw

material they will prepare indent and give it to purchase department.

Then the purchase dept, material dept and other dept of production dept will

discuss with general manager technical then will take decision about the

procurement. Material requisition note is given to purchase department for the

procurement process.

Purchase department will select the suppliers who are approved by ISO for the

selected the suppliers. The orders will be placed, whatever material procured it

will be the inspected then whatever defected material found will be rejected

note will be issued.

MATERIAL DEPARMENT & STORES DEPARTMENT

Material department in Meher capacitor holds a special significance because of

various categories of products and models are use in the production process.

Material department will discuss with other department in the production dept

and according to the previous requirement and production advancement,

decision is made procure material.

Stores department has separate storerooms in which materials, finished goods

are stored and also storerooms designed such a way that raw material can be

used easily.

RESEARCH AND MANAGEMENT

For the purpose of R&D they have separate place, and all the expenses are made

with respect to the process of R&D and special engineers and experts are hired

for the process.

For the purpose of motivation they have made approach called “team leader”

i.e. in each production process a team leader is made and testing him

responsibility and authority to achieve standard goals.


Every day the performance is evaluated with the chart including the standard

production rate and actual production rate.

STUDY OF MARKETING FUNCTION

STRUCTURE OF MARKETING DEPARTMENT


Sales Executives

MKT Dept

Managing Director

General Manager MKT

Assistant ManagerAGM MKT Christopher B

CHANNELS OF MARKETING

Direct marketing is done by the sales force

They use dealers and distributers

They also have for online service or transaction basically the company follows

two types of marketing channels they are direct selling and marketing with L&T

Company.

Direct selling-

The company is recruiting their own marketing executives on salary basis,

target is allocated to them they sale product to the customer directly.

L&T company–

They basically collaborate with L&T marketing company to sell their products.

PACKAGING

Sticking company’s name to that product does packaging of the product very

prominently and also attractively.

PRICING STRATEGIES

Pricing will made according to the market situation and market demand for the

product.

Price will also depend on the cost of the raw material in the present market and

the overheads of the company. They also do not compromise quality and

customer satisfaction.

PROMOTIONAL STRATEGIES

Advertisement is the main tool for the purpose of promotion. Those are

Magazines

Newspaper

Hoardings

Electronic media-internet.


MARKET INFORMATION AND INTELLEGENCE

Basically marketing information and intelligence is done by the sales force and

AGM of marketing department of the company.

CUSTOMER RELATIONSHIP MANAGEMENT

Customer relation is maintained at a good faith in the Meher capacitor. They

maintain constant touch and interaction with customer and they will receive

feedback and they attend to it.


HUMAN RESOURCE FUNCTION

INTRODUCTION

To develop an organizational culture where superiors subordinate relations,

teamwork and collaboration among different sub units must be strong and

contribute to the organization health, dynamism and employees pride.

In short Human Resource Department aims at helping people to acquire

competencies required performing their functions well and make their

organization do well. Thus the Human Resource Department has become very

popular in the last decade and especially the Human resource network of human

resource development. In an organization and a profession body the

advancement of knowledge skill, value and attitude in human resource

development are done through education, training and sharing experience.

Human Resource Department in an organization context is a process where

employee of a organization are continuously helped in a planned way to acquire

capabilities required for performing various tasks or functions associates with

their present or future expected roles. To develop they’re general enabling

capabilities as individual so that they are able to discover and utilize their own

inner potential for organizational development purpose.

Now a day’s human resource development departments are known as personnel

department. In organizations the human resource development functions are

taken care by the personnel department. The main functions of the personnel

department are

Administration

Welfare measures

Good industrial relations.


ADMINISTRTION

The administration activities are as follows:

Recruitment

The main sources of recruitment are

Open advertisement

Management trainees

Campus selection

Vacancies to be filled by recruitment in department will be notify to the

personnel department in employment requisition form, on respect of which

personnel department will take steps for recruitment of personnel after obtaining

approval, if any from the competent authorities.

A.1. Interview and selection

The personnel department in consultation with the head of the departments

concerned scrutinize application received in response to advertisements and list

of candidates to be called for interview will drawn up.

The human resource development manger will constitute the selection

committee. Once the candidate is selected he as to go through a performance

test after six months.

Wages and salary administrative.

The salary for the employee is given according to their qualification,

designation and experience. They are being given an annual increment every

year. Almost 65% of the salary to employees is given through IDBI bank. Job

categorization according to work force.

Group A- general manager

Group B-manager

Group C- section in charge.


Group D- Operators/workers.

Grievance

A grievance means a complaint affecting an individual workman in regard to

payment wages, overtime, leave, transfer, promotion, seniority, work

assignments, working condition, designation, and non extension of any welfare,

amenity or benefit due shall be dealt by human resource development

department.

Settlements regarding Retirement, Death etc

Settlement such as provident fund, gratuity, leave etc on the date of retirement,

resignation, death, termination and voluntary retirement will be dealt in this

section.

Gratuity for the service rendered by the employee according to the gratuity Act

is 15 days salary for every completed year of services. The entire employees

who come under provident fund Act must contribute minimum 12%. The

employee should at least a minimum period of 5years in the organization only

he will be eligible, provident fund of Rs 100 per year.

WELFARE MEASURE

Consistent with the policy of the company through its employee and their

families happy and contended, it is operating a number of schemes to promote

their welfare.

Employees labors welfare fund scheme.

A fee of 2% is given to the children of employees. Other facilities like medical

and transport facility is provided.

Canteen facilities:


The canteen facility is on a contract basis. For the conveyance of the employees.

Workings in the factory division’s canteens are run where food, coffee, tea and

snacks are served.

Transport facilities:

For all the employees they provide conveyance through bus, vans cabs etc, and

to who these facilities are not there, to them travelling allowances is provided.

Safety equipment:

Employees are provided safety equipments such as rubber pads, hand gloves,

safety boots etc to ensure complete safety of employees from the risks involved

arising out of accidents during performance of duties

PERFORMANCE APPRAISAL:

A performance appraisal system is a strong tool in the development of human

resources in the organization. It is consider as a mutual feedback to the

management and thereby help to decide the carrier growth, training needs and

other human resources development interventions required for each of them

there by aiding their self-development.

Performance is the way forward for every individual and for the company as a

whole. It is therefore vitally important that every individual has a clear

understanding of his or her work, objectives and responsibilities, because

performance will measure against these..


Performance management must create a shared vision of purpose and aims of

the organization. It must help each individual to understand and recognize their

part of contribution to the organization success and there by managing and

improving the performance of the both individual and organization. High

performance by way of performance management is the only guarantee for

survival in an unpredictable and dynamic world.

Managers have to continuously motivate their employees besides considering

other factors that enables superior’s level of performance.

Infrastructure

It is the responsibility of the department heads to identify, defines, provide and

maintain appropriate work facilities that are required for the performance of

activities, processes and service in order to ensure conformance and specified

requirements. Facilities shall include adequate workspace and associated

utilities, equipments, hardware and software, suitable maintenance and other

necessary supporting services. To achieve the performance of activities,

processes, end products, delivery and service to the customer’s satisfaction the

necessary quality plans, work instructions, drawings, test procedures and

checklist are being prepared and adopted.

Work Environment


MCPL management recognizes that the most valuable asset is its people.

Therefore, the management and head of departments consider the work

environment as corporate criteria and endeavors to provide its employees of a

conducive work environment. This criterion of work environment includes

regulation and statutory requirements such as safety and health, ambient

working condition etc., and MCPL consider the above as the minimum

requirements of all departments.

OPERATING PROCEDURE OF TRAINING IN MEHER

Purpose of the training program

To establish a procedure for providing training to MEHER capacitors

private limited personals and customers.

To give suitable knowledge to the employee.

Total number of employees are in MEHER

The company is having skilled and unskilled personnel’s approximately 230

number of employees are working, it includes factory workers and casual

factory workers. In those more than 40 employees are executive employees

means engineers, and department heads, and also managers are there.

Method of training program is using by MEHER

The Meher is using the method of training program is On-the-Job training

method. In that in house trainers will give training to the employees. Some time

the MEHER is arranging for guest lecture for their employees they’re all

12members of in house trainers are there in the company.


CHAPTER-5

PRODUCT PROFILE


PRODUCT PROFILE

MD XL ULTRA CAPACITORS

APPLICATIONS:

Pf correction in LV network.


capacitors

power capacitor, film capacitors

capacitors

19R

80R

83R

93R

HPC

AGP

73K

MPP types

LT & H capacitors

APFC Reactors

Fixed power factor correction for motors, transformers etc.

APFC systems.

Harmonic filters.

Features:

Special tissue paper with heavy edge metallization on both the sides for

better electrical contact.

Capacitors in unique quadrilateral shaped metal enclosures mechanically

well suited for ‘stand alone’ installations.

Heavy edge metallization to ensure high inrush current withstand

capability up to 400X in.

Continuous working temperature up to 80 degree celcious.

Oil impregnated capacitor.

Suitable for flexi-banking.

Safety:

Self healing

Discharge resistors

Pressure sensitive disconnector

Available in non-polluting, non PCB, bio-degradable.

Super heavy duty capacitors

1. MPP-SHD (90R)

Application

PF correction in LV network

Fixed power factor correction

APFC systems

Harmonic filters


Features

Capacitors in rectangular shape within built indicator coil

Heavy edge metallization/wave cut edge to ensure high inrush current

with stand capability up to 350Xin

Special resistivity and profile of metallization for enhanced life.

Suitable for flexible banking

Safety

Self healing and pressure sensitive disconnector

Non-PCB, PU resin filled

Protective steel enclosure and discharge resistor.

2. APP (20F)

Application

PF correction in LV network

Fixed power factor correction

APFC systems

Harmonic filters

Features

Bi-axially oriented hazy to ensure good oil impregnation.

Suitable for flexi banking

High inrush current with stand capability

Especially vacuum processed, oil impregnated design.

Safety

Internal fuse design

Non-polluting and non PCB oil.

Protective steel enclosure and discharge resistor.


HEAVY DUTY CAPACITORS – GAS FILLED

MPP-G (63G)

Application

Fixed power factor correction, motors, and transformers.

APFC system and harmonic filters.

Features

Best suited for APFC due to compact space saving design unique

‘clamptite’ finger proof termination

Heavy edge metallization/wave cute edge to ensure high inrush current

with stand capability up to 250Xin

Special resistivity and profile of metallization for enhanced life.

Safety

Self- healing

Discharge resistors and pressure sensitive disconnector

Available in non-polluting, non Sf6 inert gas.


Standard Duty Capacitors

MPP-S (83R)

Suitable for application in…

Fixed power factor correction e.g. transformer / motor compensation

Automatic power factor correction systems

Harmonic filters

Special design to allow banking of several units in cases where large

compensation is required.

Available in single phase design for special applications

Inrush current withstand capability - 200 x In

Finger proof CLAMPTITE terminals to reduce risk of accidental contact

& to ensure firm termination in cylindrical construction

Bushing terminals designed for large cable connection and direct bus bar

mounting for banking for rectangular construction

Available in rectangular and cylindrical construction

Optimized design to ensure low weight, compactness and reliability


Twin protection: Self-healing + Pressure Sensitive Disconnector (PSD)


DE-TUNED HORMONIC RECATOR

Reactors are used along with capacitors to from De-tuned

Harmonic Filter

Capacitors can be any of the following types

MPP-H-Rectangular or cylindrical

MPP-G-cylindrical

APP-Reactor

MDXL-Rectangular

Application

Detuned filters for mitigating harmonics

Available in 5.6, 7&14%

Features

High linearity and compact size and convenient mounting

Low losses and low noise level

CPRI tested and IS: 5553


THYRISTOR SWITCH

Application

Simplicity of installation and compact

Status display and self diagnosis

Elimination of inrush current and user friendly indications and control.


CHAPTER-6

SWOT ANALYSIS


SWOT ANALYSIS

While conducting strategic planning for any of the company it is useful to

complete an analysis that takes into account not only your own business but also

your competitors business and the current business well. The following

description will highlight the strength, weakness, opportunity and threats of the

Meher capacitors pvt ltd

STRENGTHS

Strengths means what the Meher capacitors pvt ltd does well, the following are

some of the important strengths are

The world 3rd largest capacitors manufacturing company

Competitive price of products is a most powerful weapon of the

company

Highly equipped and modern technological manufacturing plant

Quality control of products in each stages and technological

quality checking of each products

Using the highly qualitative raw materials

Sufficient human resource power

Customer satisfaction through supplying products at in time

Providing the good services to customers for standard and non-

standard products

Skilled and highly experienced departmental heads

L&T is the major customer to the products


WEAKNESS

It is the area where the Meher capacitors has to struggle

Capacity of the plant is not fully utilized

There is less scope for diversification of the products

Employees and workers are not satisfied in their work, salaries and

working nature

The company is not able to get enough grants from various financial

institutions

Lack of good relationship between the management and workers

There is no unity between the workers and there is any workers union in

the company

OPPORTUNITIES

Growing power industry

Availability of skilled workers and policy support

Huge export opportunities and government support

All types of industries tries to minimum use energy, capacitors main

function is to save the energy

Having great opportunity to become a number one leading company in

the Asia

Availability well connected road network

There is good scope for company to grow in the present market because

of the benefits given by the government to use capacitors.

THREATS

These are inside and outside things that there could be damage the business of

industry they are


Fluctuating policies of the government and ecological imbalance

There is a fluctuating the product design for standard and non-standard

products

Economic crisis and high cost for installation of plant

If in case L&T stop the marketing of the products Mission and objectives of

Meher capacitors Pvt Ltd

MISSION

To be a leader in the field of development and manufacturing. For this the

management is trying their level best to be consistent in quality, continual

improvement and safety of company’s operation and employees. The company

works with a mission quality, efficiency and customer satisfaction, which is

being met through teamwork and continual quality improvement.

The world third largest manufacturing of capacitors

Quality assurance to all types of heavy duty capacitors.

VISION

Helps to India reduce consumption of power by providing better power

factory correction deceives of production

To save the energy and increasing efficiency of working condition

Providing more number of employment opportunities

OBJECTIVES

Development of skilled personnel

To contribute towards HRD


Look after employees welfare

Reward for best performance

CHAPTER-7

ANNEXURE


BALANCE SHEET OF MEHER CAPACITORS PVT LTD AS AT 2008

PARRTICULARS AS AT 31-3-2008 In Rs

AS AT 31-3-2007 In Rs

SOURCES OF FUNDSShare holders fundShare capital Reserves & surplus

Loan fundsSecured loan andUnsecured loanDeferred tax liability Total

103285218

94982781 12796420 211064419

74626392

7093925412450764158016410

Application of fundsFixed assetsGross block 147087498Less: depreciation 42173790Net blockInvestment

104913710 100500

89957572 6568949

Current assets, Loans & advances Inventories 92538726Sundry debtors 90097554Cash & bank balance 83215446Loan & advance 79443505

Less current liabilities 270401331 & provisions 164351122Net current assets 106050209

61489889

TOTAL 211064419 158016410


MEHER CAPACITOR PVT LTD

PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED

31ST MARCH 2008

PARTICULARS SCH Year ended 31-3-2008 Rs

Year ended 31-3-2007 Rs

INCOMESALESLess excise duty

OTHER INCOME VARIATION IN STOCK

EXPENDITURE Material consumedManufacturing expensesEmployees remuneration and benefitsAdministrative, selling& other expsFinancial expenses

Profit before depreciation Depreciation Profit after depreciation Provision for taxation Provision for fringe benefitsProfit after taxationLess extra ordinary itemsProvision for diminishing value in investment Balance of profit brought forward from previous year

480784387 56607085 424177302

264255053 16524404 40118303 47434250 17165715 385497726

52078763 7048486 45030276 15333622 345656 692172 28658827

62072587

413946192 50362671 363683621

226395270 14459542 35333352 78797159 14078976 369064299

18662845 5370488 13292357 2811456 2972773 1005873 6502255

6468449

62038782


Total profit available for appropriation Transferred to general reserve account Dividend payable Dividend tax payable

Profit credit to balance sheet

90731414

90731414

62072587

62072587

MEHER CAPACITOR PVT LTD PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31MARCH 2008

PARTICULARS PERIOD ENDED-2008 YEAR ENDED 2007Miscellaneous expenses Sales promotion Papers & periodicals, meeting expIncidental expOffice expForms & fees/marking feesSitting maintenance Factory maintenancePooja exp.

Miscellaneous expenses others Donations TOTAL

Postage and telegramsTelephones and telex charges

Travelling and conveyanceConveyanceTravelling

PACKING MATERIALOpening stockAdd purchase

Less closing stock

Stores and sparesOpening stockAdd purchase

1968512 146032 463800 404791 1369558 4000 4040681 35253 8432628

219000 8651628

40983724640762873913

77643159173505917360

534940621237767473177804135986904

12913745553930

1515400 169846 424043 393147 1559914 1000 2433514 27564 6524428

378000 6902424

37925420488732428127

82218065436647366844

598333511612157144645349405179514

12604623


Less closing stock68453041214096723895

465487112913743363497

CHAPTER-8

FINDINGS

SUGGESTIONS AND RECOMMENDATIONS

CONCLUSION


FINDINGS

During the course of study it was found that,

MEHER capacitor’s is one of the fast growing companies. It has a good

technical support from their employees. They are all well qualified

personnel and also they are well trained personnel

A major portion of the customer uses the heavy duty capacitors

Majority portion of the capacitors purchased by L&T

The company should give good training facilities to their employees

The company having highly equipped modern manufacturing plant

Meher capacitors strength is quality control and quality assurance

SUGESSIONS AND RECOMMENDATION

Company has to give the preference for the six sigma concept

Build the relationship between workers and management

Solve the employees problems frequently

Human resource management should be properly organized

Company should take more promotional activities in which add plays a

crucial role, it can used to boost the sales figure

Providing the recreational facility to the workers to reduce the boredom

from long duration of work

The company must substantiate the pricing of its product and use new

technology

The company using only on-the-job training but they should provide of-

the-training

The company doesn’t have any management personnel they are having

only the technical personnel’s so they have to recruit some management

personnel’s to increase their fare in administrative level


Company must be utilize the human resource and technological resource

effectively

CONCLUSION

Meher capacitors pvt Ldt policy is to service continuously for

improvement of their products, services and also to give quality

products to their customer to increases their creditability in the field

of capacitors

Training is being conducted for the entire staff especially for the

workers to train them in all the field for job rotation

Meher capacitors has highly qualified and talented departmental heads

that is specialized is advanced field of mechanical design, system

engineering, and production technology

Meher is having big market representation and a good customer

relation with the help of L&T

Meher has established good network all over india and abroad

To reach the global demand effectively, the company has to

strengthen its functional areas

Keeping in mind the increasing demand for quality products they have

produced a wide range of capacitors


CHAPTER-9

BIBLIOGRAPHY


BIBLIOGRAPHY

1. Quality system manual of meher

2. ISO9000 manual 1998

3. MEHER brochures and manuals

4. Website- www.meher.com

5. News papers – industrial manual, Business line, Financial daily

6. Search magazines

7. Electrical india

8. Industrial development.


http://www.meher.com/

organisational study in mba internship project

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